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Topic: hackers becoming smarter than exchanges? - page 16. (Read 4727 times)

sr. member
Activity: 756
Merit: 257
Freshdice.com
September 02, 2018, 11:40:51 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.
Nowadays, it is very dangerous to visit in different websites because you cannot say if the website that you are visiting an untrusted wevsites that they could hack and steal all of your money. Many hackers are really smart and they can create their own way jsut to hack you.
full member
Activity: 476
Merit: 108
September 02, 2018, 10:15:08 AM
Hackers are really smart, to be able to adapt and improve further to penetrate and
infiltrate high tech systems and networks is quite something else. Security is always
an issue in the web, I think as people engage more with online banking and crypto
investments there's always a lingering and growing risk of hacks as well as loses.
We should all be extra careful and vigilant in protecting our accounts, data, interest
and investments.
full member
Activity: 630
Merit: 102
September 02, 2018, 09:23:35 AM
There is one golden rule. Do not keep all your eggs in one basket. Keep your money on different exchanges on different wallet and do not go through various suspicious sites! And you will be happy!
full member
Activity: 905
Merit: 113
September 02, 2018, 09:16:01 AM
of course it is one very bad way, they hackers take something that is not his and of course it is very detrimental, therefore the exchange must have a better system than hackers and may not keep your assets in exchange because there are many risks there
newbie
Activity: 126
Merit: 0
September 02, 2018, 08:47:27 AM
I think hackers are not fools either, they are even smarter than us, they are always looking for weaknesses, whatever their gaps will come in, it's true that they don't get a gap then the propagation by spreading bad news in the forum they will do, with the hopes of investors panic, improvement of system security may need to be done for guard against hackers
 
jr. member
Activity: 378
Merit: 1
September 02, 2018, 08:38:13 AM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.

If you are old in the field on information technology, you will know that hackers always come up with more dangerous virus even though many anti-virus softwares are in place. Same is happening with digital currency exchanges whereby they implement 2fa and other security measures, but unfortunately hacker always have a one step ahead plan of hacking the wallets and the exchanges.
Indeed, hackers have always been smarter and have created more dangerous, sophisticated viruses to steal money from others, the exchange is almost defeated by hackers in a very frequent manner, although this is a wrongful act but I think this is also a necessity for exchange. This attack makes the exchange more careful and secure, limiting the loss of money in the client's account
newbie
Activity: 14
Merit: 0
September 02, 2018, 07:43:22 AM
One motivation behind why the market is on a downtrend right now. The security of trades is wretchedly low that they can't shield it from programmers and gatecrashers. The innovation they are utilizing for security isn't anchored and sufficiently solid to oppose hacking. Dark cap programmers are extremely keen which is the reason the white cap programmers must know how the dark ones think. They must secure the trade in light of the fact that hacking will make the trade less solid and will influence the entire crypto showcase. Much the same as what you stated, financial specialists are getting frightened at this point.
member
Activity: 350
Merit: 10
September 02, 2018, 07:35:19 AM
Most of these "hacks" are inside jobs.  They come up with excuses so they can easily run away with users' money.  I've seen it time after time and it looks like this will never stop as long as there are greedy people in this world.

You got a point there. Maybe not all but some are like this, havking is most likely done by there own developers who know the system of their sites.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
September 02, 2018, 07:27:00 AM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.

If you are old in the field on information technology, you will know that hackers always come up with more dangerous virus even though many anti-virus softwares are in place. Same is happening with digital currency exchanges whereby they implement 2fa and other security measures, but unfortunately hacker always have a one step ahead plan of hacking the wallets and the exchanges.
newbie
Activity: 63
Merit: 0
September 02, 2018, 07:03:30 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Of course hacker can become more smart, they are human too who can increase their knowledge. But I think, most case is because human error. I think that exchange should maintenance their security system in week if they want their money secured.
newbie
Activity: 59
Merit: 0
September 02, 2018, 06:59:10 AM
The hackers seems to have developed more sophisticated means of carrying out their heinous acts. They kept on trying to break the security protection of the registered accounts. Just be careful with your account that's all.
full member
Activity: 420
Merit: 100
September 02, 2018, 06:27:43 AM
Yes many of hackers now are improving such as a system improve their knowledge to all exchanges are improve also I think those exchanges have a more and more security because a lot of investors now are coming don't allow those scammer take our part and scam us. we can also fight them back to hunting them here and everywhere if possible.
sr. member
Activity: 798
Merit: 268
September 02, 2018, 06:17:23 AM
I think you are right because at this time every exchange place will definitely have security that is always upgraded but if you know usually hackers will be able to find out the weaknesses of security, because there will be no strength without weaknesses.
for now, hackers are trying to find loopholes from each exchanger to steal assets they have. well, that is something extraordinary, because it can penetrate defenses that can be said to be equivalent to a bank. yeah, but still it's a crime. I think they use their intelligence in the wrong way.
Hackers are also improving, so I think exchanges are still vulnerable in this kind of hacking incident not unless they invest more on their security system. They will do everything to get an easy money so people should also careful because of this, we must protect also our wallet and don't put too much money on the exchanges as we experienced a lot of hacking incident with the exchanges this year.
full member
Activity: 532
Merit: 101
September 02, 2018, 05:07:10 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.

indeed we can choose an exchange that we think is good in security from hackers. and one more thing, we can divide assets in several exchanges, so i think that can minimize risk
newbie
Activity: 56
Merit: 0
September 02, 2018, 01:59:43 AM
I only think positively about what happens about some cases from exchanges that have very low security so they cannot protect them from hackers and intruders. But with hackers and intruders now it will make the security stronger than the exchange that will come after all that has been repaired, because I know that to create a high security requires an intruder to test security at all times. So that the security system will always be updated every time.
member
Activity: 353
Merit: 12
September 02, 2018, 01:04:58 AM
Well most of us here are already aware of the hacking activities of binance and bancor.They are taking practical measures to track down the culprits but the question on my mind is why could coincidentally both exchanges be hacked?Now it appears that the exchanges are not moving at a faster and innovative ways to upgrading their systems and allow these hackers time to study their systems well,identify the loop holes and cause the problem.In my opinion, exchanges should always move in an unpredictable way so as to always confuse these scammers .The scammers are scaring new investors away and this must stop.Exchanges must be up and doing so that we can attract new investors into cryptocurrency else our efforts are going in vain to attracting new investors.

Why not program a system about your idea? You know it is not easy like what you are thinking, also these exchanges are doing their best to protect their system or else it will be their loss. As a user you also have the choice on what exchanger you should use. There are a lot of available exchangers online so you can choose from them.
member
Activity: 350
Merit: 10
September 02, 2018, 12:49:18 AM
It's all competing knowledge, skilled people each of them exchange talents but it introduces their own exchanges and based on hackers is trying to attack. but every one of them is really sure that they will not be bothered with avoiding hacking. The smarter person is a wise one. I think all the defenders are more clever than the attackers.
sr. member
Activity: 840
Merit: 254
September 01, 2018, 10:11:30 PM
They should be aware of the internet world that everything is unsafe and very vulnerable to hacking. Make things as complex as possible so that hackers do not easily break anything valuable in the internet world. Hackers are on the wrong path, if hackers can be properly employed, maybe they will make a strong security system to apply to important and big websites in the internet world such as exchanges etc.
It should be the opposite, complex systems are easier to manipulate and are more likely to be induced to error, exchanges need to strengthen their security but at the same time they need to simplify it so it is more difficult for hackers to get access to the exchange, but since exchanges grow depending on the demand there are exchanges that do not have the adequate security because they became very popular in a short time frame.
jr. member
Activity: 107
Merit: 1
August 31, 2018, 12:07:41 PM
There are far more intelligent hackers to penetrate in power plants, the network of the Pentagon, etc. In cryptocurrency hacks almost always mean the carelessness of the developer.
jr. member
Activity: 120
Merit: 1
W12 – Blockchain protocol
August 30, 2018, 05:27:20 PM
Recently, the crypto currency has attracted a lot of attention, but among all these people that it was noticed, of course, there were those who would like easy money, and since not all coins can guarantee you 100% security, then the hacks will be more often, the technologies on which the crypto-currency markets are built are not the best and become a real gift for an experienced hacker.
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